Refinance Savings Estimator

Refinance Calculator

Compare your current mortgage with a new refinance option to estimate your payment, monthly savings, closing cost break-even point, interest difference, and cash-out scenario.

Current Mortgage Details

Enter details about your existing mortgage so we can compare it with a possible refinance.

Current Loan Balance

Current Interest Rate (Optional if payment is entered)

Current Remaining Term

Current Monthly P&I Payment (Recommended)

Enter principal and interest only. Do not include property taxes, homeowners insurance, HOA dues, or mortgage insurance.

New Refinance Details

Estimate your new rate, term, closing costs, and refinance type.

New Interest Rate

New Loan Term

Estimated Closing Costs

How Long Do You Plan to Stay?

Closing Cost Treatment

Pay Upfront Costs are used for break-even, but not added to the new loan. Roll Into Loan Costs are added to the new loan amount.

Refinance Type

Rate-and-Term Refinance Refinance mainly to change rate, payment, or term. Cash-Out Refinance Refinance and access part of your home equity.

Cash-Out Details

Estimate your new loan amount and loan-to-value ratio when accessing equity.

Estimated Home Value

Desired Cash Out

Estimated New Loan Amount

Estimated LTV

New Estimated Monthly Payment $0

Principal and interest estimate only. Taxes, insurance, HOA dues, and mortgage insurance are not included.

Enter Details

Monthly Difference $0

Annual Savings $0

Break-Even Point —

Interest Difference $0 Compares interest over each loan's full term; terms may differ.

Total Refinance Cost $0

New Loan Amount $0

Enter your refinance details

Add your current mortgage and new refinance details to estimate payment, savings, break-even point, and cash-out results.

Comparison Summary

Current Mortgage

Current Payment $0

Current Rate —

Remaining Term —

Remaining Interest $0

New Refinance

New Payment $0

New Rate —

New Term —

New Loan Interest $0

Estimated Difference

Monthly Difference $0

Closing Costs $0

Break-Even —

Cash Out $0

Want to see if refinancing makes sense?

A Kwik Mortgage loan expert can help compare your current mortgage with available refinance options and estimate your real savings.

Get a Custom Refinance Quote

Important Estimate Disclaimer

This refinance calculator is provided for educational and estimation purposes only. Results are based on the information entered and estimate principal and interest only. The calculation does not include property taxes, homeowners insurance, HOA dues, mortgage insurance, prepaid items, escrow setup, discount points, lender credits, title fees, recording fees, or other actual closing costs unless entered by the user. This calculator is not a loan approval, loan commitment, rate lock, Loan Estimate, or offer to lend. Actual loan terms, interest rates, payment, closing costs, cash-out eligibility, and savings may vary based on credit profile, property value, loan program, occupancy, debt-to-income ratio, underwriting requirements, investor guidelines, and market conditions. Please speak with a Kwik Mortgage loan expert for a personalized refinance quote.

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